https://www.taxtmi.com/caselaws?id=178415 Advance tax paid after the due date must still be credited in computing interest under sections 234A and 234B, because interest is compensatory and can run only until the tax deficiency is actually made good. The Tribunal therefore directed recomputation of interest under section 234A after giving credit for belated tax payment, and restored the section 234B computation for fresh calculation in accordance with law on the same basis. No interference was warranted in the computation of interest under section 234C. en-us Mon, 29 Mar 2010 00:00:00 +0530 Thu, 04 Feb 2016 11:06:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178415 Advance tax paid after the due date must still be credited in computing interest under sections 234A and 234B, because interest is compensatory and can run only until the tax deficiency is actually made good. The Tribunal therefore directed recomputation of interest under section 234A after giving credit for belated tax payment, and restored the section 234B computation for fresh calculation in accordance with law on the same basis. No interference was warranted in the computation of interest under section 234C. Case-Laws Income Tax Mon, 29 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178415